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Mayor Daniel Rivera announces Unitex to move to Lawrence, bringing 360 new jobs to the city. “I am excited to welcome Unitex to the City of Lawrence- Unitex is a good company with a proven track record and strong environmental responsibility,” said Mayor Daniel Rivera. “Their investment in our community means Lawrence jobs for Lawrence people with good wages and benefits. I want to thank the Governor Charlie Baker, Lieutenant Governor Karyn Polito and the Massachusetts Economic Assistance Coordinating Council for seeing this economic development potential and supporting the EDIP Investment tax credit to help Unitex in their move to Lawrence.”
Yesterday, the Economic Assistance Coordinating Council voted to approve a tax credit of $1.8M for Unitex. Details are below:
Unitex of Lawrence - Founded more than 100 years ago, Unitex is a large privately-held rental company headquartered in Westchester, NY, with 11 plants throughout NY, NJ and New England. Unitex plans to open its first plant in Massachusetts, an 188,653 square-foot healthcare linen, uniform, and laundry processing facility in the Gateway City of Lawrence. The company is creating 360 new full-time jobs and making a $35 million private investment. The city of Lawrence has approved a 10-year Tax Financing Agreement with a value of about $4.3 million. The EACC Board has approved EDIP investment tax credits in the amount of $1,800,000.